Finexio and Payscout Announce B2B Payments Partnership

ORLANDO, Fla., August 14, 2019 (Newswire.com) - ​​​​Finexio, an Orlando-based AP payments company, today announced a strategic partnership with global payment processing provider Payscout, to further their shared goal of offering customers more comprehensive Business-to-Business payments solutions. Finexio’s expansive B2B supplier network, combined with Payscout’s omnichannel payment processing solutions, will allow both companies to leverage their strengths with vertical-specific solutions. Payscout’s partnerships with financial institutions across the globe have garnered the payment processing provider recognition from Inc. Magazine, The Better Business Bureau, and Entrepreneur Media, Inc.

“Finexio is thrilled to partner with a leading global payment processing provider like Payscout,” said Ernest Rolfson, CEO of Finexio. “This collaboration combines the best in global AR payments processing and AP payments execution capabilities for medium, large and enterprise customers. Payscout is a company that understands the importance of providing the best service possible, shares our customer-first mentality and brings an entrepreneurial approach to solving customer needs. We will work together to bring our solutions to our existing joint customer sets while driving sophisticated processing capabilities into entirely new groups of suppliers.”

“At Payscout, we’re focused on delivering innovative payment solutions that drive business growth,” said Manpreet Singh, Co-Founder and President of Payscout. “Partnering with Finexio, another company leading the wave of innovation in corporate payments, was a logical step for us to further expand our service offering. We are aligned in our efforts to deliver payments innovation and customer happiness, so Payscout and Finexio are a perfect fit to maximize efficiency and drive meaningful business solutions.”

With this partnership, Finexio and Payscout are escalating their commitment to Accounts Payable and Accounts Receivable solutions with customer — and supplier — oriented strategies for streamlining payments through state-of-the-art integrations.​ 

About Finexio

Finexio simplifies Accounts Payable payments by eliminating all friction in payment delivery and supplier payment acceptance. Finexio’s comprehensive Accounts Payable “Payments as a Service” solution leverages proprietary analytics and robotic process automation to drive maximum conversion rates of suppliers to electronic payments. Finexio’s intelligent business-to-business payment network identifies, delivers and supports 10 forms of payment, generating revenue and cost savings for Accounts Payable departments while offering complete transparency and control of the payment process. To learn more, visit Finexio’s website at https://finexio.com.

About Payscout Partners, Inc.:

Payscout is a global payment processing provider covering six continents by connecting merchants and consumers via credit, debit, ATM, and alternative payment networks. What differentiates Payscout is its mission, "to support the entrepreneurial dream one transaction at a time." Payscout offers payment processing solutions for brick-and-mortar and e-commerce transactions and has earned acclaim as a new-generation provider of merchant banking services, specializing in online/e-commerce retailers with a predominant proportion of card-not-present (CNP) transactions. Customers can access Payscout's credit card processing services via a state-of-the-art, web-based user portal and through direct interactions with highly-trained experts. In addition to supporting thousands of clients across a multitude of industries and all 50 American states, Payscout maintains global partnerships with VISA, MasterCard Worldwide, UnionPay, and First Data.

Source: Finexio